Originally Posted by
Coronado
From my seekingalpha email this morning---oof!
• Among airlines, American (NASDAQ:AAL) should not suffer the cost headwinds related to mark-to-market hedge losses, unlike peers that hedge jet fuel; Delta (NYSE
AL) can expect a $2B hedge-related loss, Southwest (NYSE:LUV) should see a $500M loss and United (NYSE:UAL) a $200M loss.
Serious question: has Delta EVER come out ahead at hedging?